European Indices End Mixed as Trading Winds Down
The major European stock indices closed the session mixed, with performance varying across the region. Germany’s DEU40 led to the upside, gaining 0.49% at 24,162.66, while France’s CAC40 lagged, falling 0.69% to 8,052.52. The UK’s FTSE 100 (UKX) hovered near unchanged levels, slipping just 0.03% to 9,642.00.
Spain’s market data included duplicate readings for the IBEX 35, both showing the index up 0.13% at 16,734.49, confirming a modest gain on the day. Italy’s FTMIB also posted a respectable rise of 0.33%, closing at 43,574.51.
U.S. stock indices are mixed as London and European traders call it a day
As European traders head for the exits, U.S. equities are mixed in early trading.
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Dow Jones (DJI): 47,724.12, down 0.03%
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S&P 500 (SPX): 6,854.43, up 0.12%
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Nasdaq (IXIC): 23,588.28, up 0.18%
The modest moves reflect a cautious tone ahead of today’s Treasury auction and lingering macro uncertainty.
U.S. Treasury Yields head higher ahead of 10 year auction
The U.S. Treasury market is showing small upward moves in yields across much of the curve:
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2-year: 3.6043% (+0.021 basis points)
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5-year: 3.7691% (+0.017 basis points)
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10-year: 4.1741% (unchanged)
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30 year 4.800%, (-1.5 basis points)
Further out the curve, long-end yields dipped slightly, with the 20-year and 30-year down by 0.012 and 0.014 respectively.
A key focal point today will be the U.S
